What they says about us

Gianni Pittella

Gianni Pittella

President of the Group of the Progressive Alliance of Socialists and Democrats & Member of the European Parliament

"Co-operative banks are the main financing partners of SMEs and provide financial services across all the regions of Europe. In that way they are contributing to the economical development of the very diverse European regions. They are essential actors in order to provide,an access to credit for many local players."

(Speech at the Second EACB Day with Academics and Stakeholders, April 2013)

Patrizia Toia

Patrizia Toia

Member of the European Parliament, Member of the Committee on Industry, Research and Energy

"Co-operative banks have grown, kept credit flowing especially to small and medium-sized enterprises, and remained stable across regions of the world while indirectly creating employment. Their contribution is crucial. It is their unique combination of member ownership, control and benefit that is at the heart of their resilience and that provides a series of ad- vantages over its competitors."

(Speech at the Second EACB Day with Academics and Stakeholders, April 2013)

Sven Giegold

Sven Giegold

Member of the European Parliament, Member of the Committee on Economic and Monetary Affairs

"Co-operative banks contribute significantly to vibrant local economies and to increase access to finance in remote areas. They demonstrated crisis resilient compared to other banking models. In short they are an asset for Europe and banking regulation should take into account their specific structure and governance to ensure that they are not hindered by regulation aimed and designed for commercial banks. If co-operative banks were to adapt to the functioning of commercial banks in order to remain viable, this would imply very high social and systemic costs for Europe."

 
(Speech at the First EACB Day with Academics and Stakeholders, April 2012)

Marc Tarabella

Marc Tarabella

Member of the European Parliament, Member of the Agriculture and Rural Development Committee.

"There is a lot to say about the banking sector. There are co-operative banks and their stakeholders are doing well despite the current difficult economic situation. Co-operative banks aim for the common good of society, for the real economy. They are also active in the micro-credit field." (Conference Social Business, 2011)

See video

Roberto Gualtieri

Roberto Gualtieri

Chairman, Committee on Economic and Monetary Affairs, European Parliament

”The role of co-operative banks is key in ensuring a healthy pluralism and diversity of banking across Europe, by focusing on local economy and on long term credit financing rather than on short term profit maximisation, with the relevant contribution to financial inclusion and social cohesion. Their contribution in addressing the needs of financing of small businesses and households is also of great importance. The ECON committee is fully engaged to ensure pluralism and diversity of banking models within the Banking Union and to ensure compliance with the principle of proportionality, while preserving a level playing field and avoiding fragmentation along national lines.”

Statement made at 7th EACB Convention on Co-operative Banks

On the occasion of the 7th EACB Convention on Co-operative Banks, - See more at: http://www.eacb.coop/en/news/eacb-news/eacb-convention-mr-gualtieri-s-statement.html#sthash.aFQovPua.dpuf
On the occasion of the 7th EACB Convention on Co-operative Banks, - See more at: http://www.eacb.coop/en/news/eacb-news/eacb-convention-mr-gualtieri-s-statement.html#sthash.aFQovPua.dpuf

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